Consider These Tips When Shopping for a New Homeowner’s Quote

Follow these tips to keep the Prices for Homeowner’s Insurance inline.

Shop around. Always get 3 quotes when you re-quote, start a project, or just shopping.

Don’t consider price alone. The insurance company may go online and see a satellite photo of your home and ad structures without your knowledge. If you don’t read the fine print, you could be overcharged.

Check financial rating of the Insurance company A.M. Best www.AMBest.com and Standard and Poor’s www.standardandpoors.com/ratings.

Lower Deductibles equal higher premiums. When you have a loss you will have to come up with the Deductible first before the insurance kick in. Save money by moving deductible to $1000 or $2500. Ask how much you will save on premiums by raising your deductibles.

The land and price you paid for your home should not be the amount of coverage. If you have a fire, windstorm, theft – your land will still be there. Earthquake Insurance is a whole different matter.